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Eurostat ESA 2010 transmission programme Hans Wouters European Commission, Eurostat Unit C2 National and Regional accounts and BoP

ESA 2010 transmission programme

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ESA 2010 transmission programme. Hans Wouters European Commission, Eurostat Unit C2 National and Regional accounts and BoP. Content. Introduction of ESA 2010 ESA 2010 transmission programme (TP) Main reasons for changes transmission programme Enlargement countries and ESA 2010. - PowerPoint PPT Presentation

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Page 1: ESA 2010 transmission programme

Eurostat

ESA 2010 transmission programme

Hans WoutersEuropean Commission, Eurostat Unit C2National and Regional accounts and BoP

Page 2: ESA 2010 transmission programme

Eurostat

Content

1. Introduction of ESA 20102. ESA 2010 transmission programme (TP)3. Main reasons for changes transmission

programme4. Enlargement countries and ESA 2010

2

Page 3: ESA 2010 transmission programme

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1. Introduction of ESA 2010 (1)• European system of national and regional

accounts• Three parts: legal act, methodological guide,

transmission programme• Revision of ESA 1995

ESA 79 ESA 95 ESA 2010

3

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1. Introduction of ESA 2010 (2)

• Consistent with SNA 2008

ESA 2010

• Some concepts more detailed• For specific EU purposes

Contribution EU budget Regional aid – structural funds Excessive deficit procedure 4

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1. Introduction of ESA 2010 (3)

• Legally binding Use of ESA methodology Transmission programme

• Into force on 16 July 2013• To be implemented as of 1 September 2014

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2. ESA 2010 Transmission program (1)

• Set of 23 tables of national accounts data Main aggregates Tables by industry, capital stock Sector accounts Financial accounts Regional accounts Government accounts Input-output – supply-use

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2. ESA 2010 Transmission program (2)

• Quarterly (4), annual (17) and multi-annual tables (2)

• To be transmitted within specified time limits Varying between 2 and 36 months

• For defined time periods First year varying between 1995 and 2010

• Subject to country-specific (temporary) derogations

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Gov

2. ESA 2010 Transmission program (3)

PensionsRegional

GDP

Main agg.QSA

QGFS SUTIOT

Detailed breakdowns

Breakdowns

Gov

ASA

Regional

Assets GFCF

COFOG

Fin.acc

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2. ESA 2010 Transmission program(4)Content TP: requirements per table• List of variables and codes• Breakdowns: industries, products, sectors, type

of assets, geographical breakdown RoW, regions, consumption by purpose, government functions

• Other characteristics: valuation, seasonal adjustment, consolidation, use/res – assets/liab

• Footnotes

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2. ESA 2010 Transmission program(5)

Code List of variablesBreak-down(2) Current

prices

Previous year's prices and

chain‑linked volumes(10)

B.1g 1.Gross value added at basic prices A*10 x x

D.21 2.a) Taxes on products(3) x x

D.31 2.b) Subsidies on products(3) x x

B.1g* 3. Gross domestic product market prices x x

Etc….

Content TP: part of table 1 (example)

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Page 11: ESA 2010 transmission programme

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3. Main reasons for changes in TP(1)

• Methodological changes • User needs and EU policy needs • Reduction reporting burden • Integration transmission requirements into 1

legal act • Alignment of international standards for data

transmission (SDMX)

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3. Main reasons for changes in TP(2)

Methodological changes• 44 issues for revision (SNA)• 27 (ESA) issues discussed in handbook

Some major issues• Change in asset boundary – R&D, weapon systems• Change in sector detail• New variables or breakdowns• Treatment of goods sent abroad for processing

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3. Main reasons for changes in TP(3)

User needs and EU policy needs• Improvement of timeliness• Improved measurement of wealth• Grown interest for ageing population

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3. Main reasons for changes in TP(4)

Reduction reporting burden• Reasons

MS requests related to reduction of resources Relaxed user requirements

• Some important examples Reduction of backward series No double reporting Drop of distributive variables in main aggregates tables Drop transmission of seasonally adjusted quarterly main

aggregates in previous year's prices Reduction of requirements for industry breakdowns Switch to evolving composition RoW breakdown

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3. Main reasons for changes in TP(5)

Legal simplification

• Four formerly separate legal acts have been integrated in ESA 2010 legal act Quarterly non-financial accounts by institutional sector Quarterly non-financial accounts for general government Quarterly financial accounts for general government Quarterly government debt

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3. Main reasons for changes in TP(6)

Alignment of international standards for data transmission (implementing SDMX)• Technical standards have been evolving since last

ESA data transmission programme – chance and challenge

• Decision to use SDMX for NA data exchanges at world-level (SNA and ESA) and to coordinate closely with BOP

• NA data structure definitions (cooperation between ECB, OECD, IMF, WB and UN) coordinated by Eurostat

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4.Enlargement countries and ESA 2010 (1)

Background: Eurostat work with the EC's• Project work

Multi-country IPA projects National IPA projects Grants

• Assessments• Data transmission

Transmission programme Transmission tools - SDMX

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4.Enlargement countries and ESA 2010 (2)

Why is ESA2010 and the TP important for IPA countries?• ESA2010 TP provides key national accounts

information• Comparability with EU countries• Compliance is condition for accession EU

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4.Enlargement countries and ESA 2010 (3)

Introduction of ESA2010 by enlargement countries• ESTAT recommendation: in September 2014• Discussed in IPA 2011 workshop in Nov. '12

EC's will prepare roadmap for implementation• Roadmap contains two parts

Implementation methodological changes Implementation data transmission ESA 2010 TP

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4.Enlargement countries and ESA 2010 (4)

Roadmap: methodological changes• List of 74 issues• Based on SNA issues and ESA changes• 74 issues analysed and classified by all EC's

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4.Enlargement countries and ESA 2010 (5)

Roadmap: methodological changes (cont.)• July '13: draft roadmap indicating implementation

status of 74 issues Implemented Not implemented but not relevant Not implemented but impact negligible Not implemented, no plans yet

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4.Enlargement countries and ESA 2010 (6)

Roadmap: methodological changes (cont.)• End '13: update of draft roadmap• Preliminary conclusion: few changes with high

impact on National Accounts results• EC's will study changes with high impact first• Most EC's will implement changes in September

2014

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4.Enlargement countries and ESA 2010 (7)

Roadmap: transmission programme

Eurostat and enlargement countries monitor progress compliance with ESA2010• By developing questionnaire• Where 3 groups of tables according to 'level of

importance’ are distinguished• That is updated by enlargement countries at

least once a year23

Page 24: ESA 2010 transmission programme

ESA 2010 transmission programme

Hans WoutersEuropean Commission, Eurostat Unit C2National and Regional accounts and BoP